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$1.9M total
—
Asset Class
Land
Size
—
Building class
A
Zoning
UR — Urban Reserve
$ / SF
—
Occupancy
98%
Lot Size
25.339 ac
Attention To Developers And Investors: Motivated Seller! Rare Opportunity To Own This One-of-kind 25.339 Acres Property With 1150 Ft Shoreline On The Southern Shores Of Rice Lake. Including: One Newly Renovated Brick Bungalow W/ 3 Bedrooms 2 Baths, 20 Previous Cottages Sites, 15 Rv Sites, 1 Laundry/Showing Facility, One Store, 8 Separate Hydro Meters With 700 Voltage Power Supply. $100K Spent During Past Year On Renovation And Updated Well Equipment And Power Supply. Could Be The Trailer Park And Cottage. The Annual Income Reaches $200K Easily. Scenic Creek On The Northern Boundary Of The Land, With Amazing 1150 Ft Shoreline On The South. Year-Round Municipal Maintained Rood. Stunning Views Of The Sun Rise & Sun Set. Great Fishing, Boating With Direct Access To The Trent Severn Waterways! An Oasis With Scenic Trailers, Forrest And Beautiful Creek On The Property. Only 1 Hour 20 Mins Drive From Toronto, 30 Mins To Cobourg, 35 Mins To Peterborough. Endless Possibilities For Waterfront Development On This Gently Sloped Land. Easy Access To Highway 401, A True Gem For You To Discover. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$9K
Projected NOI
$96K
Annual cash flow
$-8K
Cash-on-cash
-1.49%
DSCR
0.92
Going-in cap
5.10%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
96,053
Households
37,060
Median income
$66,000
Median age
35.8
Daytime population
135,204
5-yr growth
7.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 247 DUNNETTE LANDING ROAD, Alnwick/Haldimand.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.